$4,640

Avg. Federal Grant

$5,662

Avg. Federal Loan

$9,311,886

Total Aid Awarded

University of South Carolina Beaufort (USCB) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$9.312M

Financial Aid Official Website

www.uscb.edu/financial-aid/index.html

It is interesting to note that, every year, around 93% of students at USCB receive some kind of financial aid, while the total amount of assistance/loans provided is $9,102,829. More information regarding the financial assistance schemes can be accessed on USCB’s official financial aid page at http://www.uscb.edu/financial-aid/index.html. At USCB, the total percentage of applicants who receive the Federal Grant stands at 43%. Meanwhile, 89% of the applicants receive the Student Grant and 42% are awarded the Institution Grant, while 43% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,873, and the same stands at $4,209 for State Grant awardees and $2,961 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,853. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At University of South Carolina Beaufort, the percentage of candidates who opt to avail of student loans is around 66%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

45%

State Grant Aid

72%

Institution Grant Aid

38%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$4,640

State Grant Aid

$4,183

Institution Grant Aid

$2,053

Pell Grant

$4,552

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,723

$30,001 - $48,000

$8,896

$48,001 - $75,000

$5,263

$75,001 - $110,000

$4,546

Over $110,000

$3,758

Student Loans for University of South Carolina Beaufort (USCB)

Average Loan Amount Average Loan Amount received per year.

$6,747/Year

Students Taking Out Loans

71%

Loan Default Rate

9.9%

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